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- It is secure enough to protect user's credit-card numbers and personal information from attacks
- hardware independent
- world-wide usage
- Confidentiality of information
- Integrity of data
- Cardholder account authentication
- Merchant authentication
- User must have credit card
- It is not cost-effective when the payment is small
- None of anonymity and it is traceable
- Network effect - need to install client software (an e-wallet).
- Cost and complexity for merchants to offer support, contrasted with the comparatively low cost and simplicity of the existing SSL based alternative.
- Client-side certificate distribution logistics.
What else can I help you with?
Advantages and disadvantages of secure socket layer protocol?
give up? GG :D
What is a money pad the future wallet?
The money pad is a form of credit card or smart card used to provide secure e-transactions. this is a form of electronic money which uses biometrics technology.
18 What system encryption uses the concept of an asymmetric key?
This is known as public-key cryptography, or asymmetric cryptography which is used to secure electronic communication over a network.
What are the Advantages and disadvantages of wireless networking?
Some of the advantages of wireless networks are ideal for provisional network setups, much cheaper than wired network and flexible if thereÕs an ad-hoc site. On the other hand, some of its disadvantages are: it has lower speed compared to wired networks, less secure and can easily affect by the surroundings.
What is the disadvantages of HTTP?
Disadvantages of HTTP1. Information sent via HTTP is not encrypted and can pose a threat to your privacy.2. Packet headers are larger than other protocols as they are needed for security and quality assurance of the information being transferred.3. Information sent through a browser can expose your computer to virtual threats. Such information sent through your browser headers can be the name of your computer, your IP address, what OS your are running and any other requested information that the website you have requested wants to know.4. Is slower than other native protocols but is more secure, reliable and can transfer larger chunks of data.
What has the author Larry Loeb written?
Larry Loeb has written: 'Implementing the Secure Electronic Transactions'
What is the meaning of secure electronic transaction?
Secure electronic transaction is a protocol standard that secures credit card transactions over the internet. This allows people to make credit card payments for items in a secure fashion over an open network.
Advantages and disadvantages of secure socket layer protocol?
give up? GG :D
What are the advantages and disadvantages of a concentric castle?
it was more safer and secure than the other castles.
What are disadvantages to electronic health records?
There are not too many disadvantages (there are actually more advantages compared to the traditional records) to having electronic medical records. They are all privately stored on a secure server and only those with the access password are able to retrieve the files. They will help to speed up doctor visits and help patient referrals and transfers go much smoother.
What are some advantages of using Providian Visa?
There a number of different advantages that arise when one decides to use Providian Visa such as secure transactions and balance updates whenever needed.
Advantages and disadvantages of virus?
Advantages it makes operating system developers make their system more secure. Disadvantages it damages files and causes security problems in companies
What are the advantages of apple products?
Some advantages of the Apple computer are that they are secure and are reliable. Some disadvantages of the Apple computer are that they are expensive and can not be upgraded.
What are common electronic banking services?
Allows customers to do financial transactions on a secure website operated by their online virtual bank, credit union or building society.
What are the advantages and disadvantages of a dowel joints in woodwork?
advantages of a dowels joint is they don't need nails and they are more secure than just using glue also they are strong. disadvantages are drilling accurate holes can be difficult
What are the advantages of Cisco IPS?
The advantage of using a Cisco IPS is that this service provides secure protection on the Internet with built in firewalls and also offers accurate sensors to secure your electronic components.
What is the relationship between EFT, PComb, and their impact on financial transactions?
EFT (Electronic Funds Transfer) and PComb (Payment Combination) are both methods used in financial transactions. EFT involves the electronic transfer of funds between accounts, while PComb combines multiple payment methods to complete a transaction. Together, they streamline and secure financial transactions by providing efficient and flexible payment options.
